all selling dreams and talk.... very few have any actually working code.
mostly insta icos sold out to insider whales then to be pumped on exchanges...
best to find projects with a working product already
many will come to nothing and most who dont dump out soon enough will end up losing.
mostly insta icos sold out to insider whales then to be pumped on exchanges...
best to find projects with a working product already
many will come to nothing and most who dont dump out soon enough will end up losing.
making a white paper that almost no people could understand then you'll get tons of money, more profitable than being a drug dealer
So many people are sold on lingo alone. Mention internet of things and bam everyone wants a slice. People missed out on Eth and Btc and think that by buying into an ico will make them rich.
I remember reading about one guy who bought into every ICO that came about. If you think of it like buying a lottery ticket instead of an investement I guess that's ok. Most lottery tickets are losers and so are most ICO's. Except for the whales who dump them for 3-4x when they list on the exchanges and instantly multiply their wealth